Monitoring the Details Behind Retirement Plan Websites
Retirement plan sponsors need to make sure their participant websites are correct and relevant.
Administration
Morningstar Paper Lays Out Method to Determine the Best QDIA
“The world is moving toward big data, and thus far as an industry we haven’t been able to use big data in a meaningful way. We are now...
DB Plans Have a Great Start in 2018
While January was a great month for defined benefit (DB) plan funded status, recent market volatility underscores how important risk management is, says Matt McDaniel, with Mercer.
How to Help Different Generations With Retirement Savings Challenges
Employees of different generations have different needs when it comes to planning and saving for retirement.
Concerns and Priorities Competing for Plan Sponsors’ Time and Effort
Having trouble managing concerns dictated by rules and regulations, while also addressing priorities for your retirement plan? That’s where providers come in.
Tax Reform Makes Pension Pre-Funding More Compelling
Mercer offers its list of key priorities for defined benefit (DB) plan sponsors for 2018.
Mercer Suggests Areas of Focus for Not-for-Profit Health Care Systems
Improved governance with 403(b) plans has an added advantage, Mercer points out, as it also benefits plan participants in the form of improved performance and lower fees, thus...
Financial Confidence Reaches Record High
In the fourth quarter of 2017, AICPA’s Personal Financial Satisfaction Index reached a record high in the 24 years the trade group has been conducting this survey, due...
Public Pensions Produced Solid Returns in 2017
Yet they also adopted more conservative investment assumptions, according to the National Conference on Public Employee Retirement Systems.
Sibson Suggests How to Measure Employee Retirement Readiness
Sibson suggests that employers consider one or more of the following three metrics: replacement ratio, wealth accumulation target and retirement readiness grade.
A Retirement Draw Down Strategy Starts With Education
Plan sponsors need to give participants the education and tools they need to develop a strategy for spending assets in retirement.
Verizon Pensioners Still Want to Recoup ERISA Protections
In a followup interview with Jack Cohen, Association of BellTel Retirees chairman, he says his association and others warned the PBGC that risk transfers would harm the insurance...
City and County Retirement Systems Struggling With Funding
While research suggests the funded status of state and local pension plans is inching closer to that of state pension plans, data shows their funded status is still...
Ascensus Finds Increase in 401(k) Employer Contributions
Market returns, adoption of safe harbor plans and more education to participants can be attributed to this increase.
Markets Push Pension Funded Status Higher in 2017
Most firms that track DB plan funded status estimated between 1% to 3% improvement for the year.
Tax Reform Fuels DB Plan Accelerated Funding
Michael A. Moran, with GSAM, says the firm expects voluntary contribution activity to continue into 2018, as defined benefit plan sponsors claim a deduction at their former, higher...
Small Plans Seeking Help of Advisers
Aaron Friedman, national practice leader, tax-exempt, at Principal in West Palm Beach, Florida, says “small and mid-sized plans are very much in need of advisers because they don’t...
Reducing PBGC Premiums by Splitting Up a DB Plan
The idea is to put participants with lesser unfunded vested benefits (UVBs) in one plan, and those with greater UVBs in another.
How Plan Sponsors Can Use Research and Surveys
Data and research from providers and industry groups can help plan sponsors make more informed decisions.
Measuring Employees’ Retirement Readiness Is Imperative for Businesses
Obviously, there are effects on a business if employees are unable to retire on time, but there are also effects if employees retire early—making retirement readiness knowledge important.